Microsoft India software revenue shoots up 50%

Microsoft Corporation India's standalone turnover rose to $912 million (Rs 6,201 crore) in 2015-16, from $457 million (Rs 3,111 crore) in the previous year, as per filings with the Registrar of Companies (RoC).Shilpa Phadnis | December 10, 2016, 10:41 IST

Bengaluru: Satya Nadella seems to have a golden touch.Not only has he transformed Microsoft, the company's revenue in India from its flagship software products business surged by 50% last year.The overall revenue grew by 100%, helped by the launch of its mobile devices business in that year, the business it acquired from Nokia.

Microsoft Corporation India's standalone turnover rose to $912 million (Rs 6,201 crore) in 2015-16, from $457 million (Rs 3,111 crore) in the previous year, as per filings with the Registrar of Companies (RoC). This means if the revenue grows just 10% this year, it will touch $1 billion.The company's net profit and cash on books more than doubled to $40 million and $199 million respectively .

The retail software products business grew to $612 million (Rs 4,168 crore), from $410 million (Rs 2792 crore).Revenue from services grew to $46 million, from $39 million, an 18% growth. Revenue from search online-advertising grew to $9.6 million, from $7.32 million, a 31% growth. And revenue from mobile devices & accessories was $238 million, up from zero the previous year.

Microsoft India recently said it has been a year of tremendous cloud adoption in the country . It launched data centres in India late last year. Microsoft India chairman Bhaskar Pramanik said 52 of the top 100 Indian companies listed on the BSE today use the Microsoft cloud.Cloud adopters include HDFC, Bank of Baroda, Axis Bank, Kotak Mahindra Bank, Fortis Healthcare, Apollo Hospitals and Na rayana Health. Pramanik said e-commerce pioneers Paytm, JustDial and Snapdeal are using its machine learning technologies and digital assistant Cortana.

Nadella is credited with turning the company around focusing on its cloud offerings such as Office 365 and Azure. He is also increasingly focusing on how artificial intelligence can change the game for businesses to automate routine tasks across industries. “In fact, AI is already working on your behalf to predict and automate tasks in many of the products you use today , such as handwriting recognition in Windows 10, the facial recognition in Windows Hello feature, voice recognition of Cortana, language translation in Skype and the input recognition in the SwiftKey keyboard on your iOS or Android devices,“ he said in a recent investor call.

In India last year, revenue from software product licenses and fully-packaged products contributed 67% of overall revenue, mobile devices accounted for 27%, and revenue from service and search was 5% and 1% respectively .

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As the Special Chief Secretary & IT Advisor to the Chief Minister - Govt. of Andhra Pradesh, J A Chowdary is all for chasing new growth horizons, pursuing radically different development approaches and outguessing technology trends that will shape the future.

As the Special Chief Secretary & IT Advisor to the Chief Minister - Govt. of Andhra Pradesh, J A Chowdary is all for chasing new growth horizons, pursuing radically different development approaches and outguessing technology trends that will shape the future.